Mixed-Use Building with Rental
1125 N 2nd St Saint Charles, MO 63301
For Sale
Contact for pricing
Includes 2 renovated second-floor rental units and a main-level commercial space leased at $2,614 monthly plus NNN.
Property Size2,852 SF
Price / SF$280.50
Days on Market680
Property Features for 1125 N 2nd St
General Information
Standard status
Active
Size
2,852 SF
Property subtype
OFFICE
Listing Agency:
Thomas Realty Group, LLC
(636) 357-7004
Listed By:
Corey Webb
(636) 357-7004
Source:
Moodyscre
Added: Sep 19, 2024
Changed: Jul 26
Last Checked: Jul 29 at 3:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thomas Realty Group, LLC
Investment Insights
Based on property information with market context.
This mixed-use building features two renovated rental units on the second floor and a main-level commercial space totaling 1,426 SF. The overall property size is 2,852 SF, creating a straightforward vertical live/work configuration with separate income components.
Located at 1125 N 2nd St in St Charles, Missouri, the property is positioned in the heart of a historic French town. The main level is currently leased at $2,614 per month plus NNN, offering both investment income and owner-user flexibility.
Located at 1125 N 2nd St in St Charles, Missouri, the property is positioned in the heart of a historic French town. The main level is currently leased at $2,614 per month plus NNN, offering both investment income and owner-user flexibility.
Key Highlights
- 2 renovated second‑floor rental units
- Main‑level commercial space totaling 1,426 SF
- Commercial space currently leased for $2,614/month plus NNN
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.7k | $22.68 |
| − Vacancy | −$17.5k | −$6.15 |
| EGI | $47.2k | $16.53 |
| − OpEx | −$11.8k | −$4.13 |
| NOI | $35.4k | $12.40 |
2,852 SF · lease $22.68/SF/yr · vacancy 27.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$505.2K
$442.1K – $589.4K
NOI $35,366 @ 7.0% cap · market cap 4.42%
Second Best
Multifamily LT 5
$440.1K
$385.1K – $513.4K
NOI $30,805 @ 7.0% cap · market cap 3.85%
Theoretical Best
Warehouse
$754.8K
$660.5K – $880.6K
NOI $52,837 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Includes 2 renovated second-floor rental units and a main-level commercial space leased at $2,614 monthly plus NNN.
Where is this office units located?
The property is located at 1125 N 2nd St Saint Charles, MO.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 2 renovated second‑floor rental units; Main‑level commercial space totaling 1,426 SF; Commercial space currently leased for $2,614/month plus NNN
